Cisco Systems, Inc. (NASDAQ:CSCO)’s Networking and Equipment Business Affected by Net Neutrality Uncertainty

by Kevin Thompson - on Nov 14th 2014 - No Comments
Cisco Systems

Tomahawk, WI 11/14/2014 (Basicsmedia) – Sluggish consumer spending on networking and equipment are some of the problems that Cisco Systems, Inc. (NASDAQ:CSCO) is grappling with at the moment, seen by a lower than expected profit outlook for the current quarter. During an interview on CNBC, MKM Partners senior analysts, Mike Genovese...

Macy’s, Inc. (NYSE:M) And J C Penney Company Inc. (NYSE:JCP) Hoping For Seasonable Weather For Improved Sales in Q4

by Brian Campbell - on Nov 13th 2014 - No Comments

Tomahawk, WI 11/13/2014 (Basicsmedia) – Macy’s, Inc. (NYSE:M) and J C Penney Company Inc. (NYSE:JCP) posted weakened sales for the month of October heading into the holiday season where both companies hope to generate improved sales. A decline in sales according Telsey Advisory group CEO, Dana Telsey, was down to a change in consumers...

General Motors Company (NYSE:GM) Forced To Trim Workforce To Slow Production Line

by Paul Young - on Nov 12th 2014 - No Comments
General Motors Company

Tomahawk, WI 11/12/2014 (Basicsmedia) – General Motors Company (NYSE:GM) has announced that it will be laying off staff at its Lansing Grand River Assembly plant as the company tries to bring down production to one shift. CNBC’s Phil Lebeau reports that the latest round of layoffs will affect 350 workers as the automaker tries to...

Google Inc (NASDAQ:GOOGL) Enters Into Long-term Lease With NASA

by Michael Allen - on Nov 11th 2014 - No Comments
Google Puts an End to More Products

Tomahawk, WI 11/11/2014 (Basicsmedia) – Google Inc (NASDAQ:GOOGL) has entered into a long-term lease of 60-year with NASA. It will pay rent of $1.16 billion for the leased property including a golf course, working airfield and other buildings. The property leased is a 1,000-acre property and is a part of historic Moffett Field Naval...

What Johnson & Johnson (NYSE:JNJ) Now Thinks About Doing Business In China

by Rahul Sharma - on Nov 10th 2014 - No Comments

Tomahawk, WI 11/10/2014 (Basicsmedia) – In an interview on CNBC, Johnson & Johnson (NYSE:JNJ)’s Chairman and CEO, Alex Gorsky, outlined their opportunities in China. The company is interested in expanding its operations in China, especially in meeting currently unmet medical needs. The CEO also touched tax inversion but downplayed...

Former NSA Insider Claims Blackberry Ltd (NASDAQ:BBRY) Failed Because Of Its Secure Products

by Kenneth Hall - on Nov 7th 2014 - No Comments

Tomahawk, WI 11/06/2014 (Basicsmedia) – Blackberry Ltd (NASDAQ:BBRY) fell from glory in the smartphone space and is only currently trying to retrace its roots. However, the company has itself to blame according to a former top lawyer with the National Security Agency (NSA). Stewart Baker claimed that the drop in sales at BlackBerry...

GoPro Inc. (NASDAQ:GPRO) Is Not A Revenue Story But A Mainstream Company: Michael Pachter

by Brian Campbell - on Nov 6th 2014 - No Comments

Tomahawk, WI 11/06/2014 (Basicsmedia) – GoPro Inc. (NASDAQ:GPRO) posted its first full-quarter earnings as a public company that beat estimates as the company continues to gain customer confidence with its wide array of camera products. During an interview on CNBC, Wedbush Equity Research Managing Director, Michael Pachter, said the...

Tesla Motors Inc. (NASDAQ:TSLA) Suffering From Increased Orders

by Ryan Hurley - on Nov 6th 2014 - No Comments
Tesla Motors, Inc. 2

Tomahawk, WI 11/06/2014 (Basicsmedia) – Tesla Motors Inc. (NASDAQ:TSLA) might have one of the best problems on its hand in terms of increased orders for its high-end electric cars. Improving the manufacturing process to meet demand continues to be the biggest hurdle for the giant electric company. CNBC’s Phil LeBeau reports that the...

GoPro Inc. (NASDAQ:GPRO) The Real Deal But Expensive: Jim Cramer

by Ryan Hurley - on Nov 5th 2014 - No Comments
GoPro Inc.

Tomahawk, WI 11/05/2014 (Basicsmedia) – Bulls and bears are entangled in a fierce battle about the future prospects of GoPro Inc. (NASDAQ:GPRO) especially after posting better than expected Q3 earnings. CNBC’s Jim Cramer acknowledges that GoPro is the real deal in the market, but quite expensive for anyone who may want to buy some...

Ryanair Holdings plc (ADR)(NASDAQ:RYAAY) CEO Michael O’Leary Rubbishes Worst Brand Remarks

by Brian Campbell - on Nov 3rd 2014 - No Comments

Tomahawk, WI 11/03/2014 (Basicsmedia) – Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) CEO, Michael O’Leary, has rubbished claims that the company is the second worst provider of customer service in the world. During an interview on CNBC, O’Leary reiterated that the survey by Siegel+Gales does not depict what is happening on the ground...